Zip 93307 (Bakersfield, CA) Housing

The housing market in 93307 Bakersfield, CA is performing well compared to the US. The median value of homes in this area is $264,900, which is significantly lower than the US house median value of $338,100. However, the one year house appreciation rate for 93307 Bakersfield, CA has been 11.35%, which is higher than the US 1 year house appreciation rate of 8.27%. This indicates that the housing market here is doing very well and likely to continue to increase in value over time.

The median home cost in Bakersfield (zip 93307) is $264,900. Home appreciation the last 10 years has been 128.8%. Home Appreciation in Bakersfield (zip 93307) is up 17.0%.

Average Age of Homes

- The median age of Bakersfield (zip 93307) real estate is 39 years old

The Rental Market in Bakersfield (zip 93307)

- Renters make up 46.7% of the Bakersfield (zip 93307) population
- 1.2% of houses and apartments in Bakersfield (zip 93307), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Bakersfield, California	United States
	24,065.0	139,647,020.0
	40	42
	$264,900	$338,100
	17.0%	16.6%
	61.3%	57.0%
	128.8%	101.1%
	$10.09	$10.98
	$1,887	$2,690
	48.0%	57.4%
	6.4%	11.2%
	45.6%	31.4%
Vacant Housing
	1.2%	1.9%
	0.2%	0.4%
	0.5%	0.7%
	0.1%	0.4%
	1.1%	3.6%
	3.2%	4.1%
Value of Owner-Occupied Housing
	2.1%	2.6%
	1.3%	2.4%
	2.6%	2.8%
	2.0%	3.9%
	4.5%	4.5%
	20.6%	11.3%
	22.4%	13.0%
	32.7%	20.1%
	5.8%	13.6%
	2.3%	8.3%
	1.9%	9.7%
	0.6%	3.9%
	1.0%	2.2%
	0.0%	0.8%
	0.1%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	16.6%	13.6%
	16.6%	13.6%
	12.7%	13.6%
	14.8%	13.2%
	13.7%	14.8%
	12.7%	13.6%
	11.1%	10.0%
	6.0%	4.7%
	4.1%	12.2%

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